Digital Banking

Digital banking is part of the broader context for the move to online banking, where banking services are delivered over the internet. The shift from traditional to digital banking has been gradual and remains ongoing, and is constituted by differing degrees of banking service digitization.

Source: en.wikipedia.org

Report: Global CFOs Say Access to the Right Working Capital Solutions Remains Challenging
Report: Global CFOs Say Access to the Right Working Capital Solutions Remains Challenging
November 14, 2024  |  Digital Banking

Companies rise — or fall — based on how they manage working capital. In accounting terms, working capital is a simple construct: Subtract the liabilities...

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Digital-First Banking’s Mantra: Check Friction at the Virtual Front Door
Digital-First Banking’s Mantra: Check Friction at the Virtual Front Door
November 14, 2024  |  Opinion

Banks and credit unions will need to focus on customer experience, security and technology, Candescent Chief Product Officer Doug Brown writes in a new PYMNTS...

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Banks Target Account Opening Tech to Avoid Deposit Drift’s ‘Death by 1,000 Cuts’
Banks Target Account Opening Tech to Avoid Deposit Drift’s ‘Death by 1,000 Cuts’
November 13, 2024  |  Digital Banking

The average consumer has 5.3 bank accounts. Now that the Consumer Financial Protection Bureau has issued a final rule on data sharing, the age of...

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Neobank Dave Makes Business Model Changes in Wake of FTC Complaint
Neobank Dave Makes Business Model Changes in Wake of FTC Complaint
November 12, 2024  |  Earnings

Dave, the neobank and cash advance app singled out in an Federal Trade Commission (FTC) complaint last week, Tuesday (Nov. 12) announced compliance-oriented changes to...

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Alacriti and Access Softek Partner to Deliver Instant Payments Capabilities
Alacriti and Access Softek Partner to Deliver Instant Payments Capabilities
November 11, 2024  |  Real-Time Payments

Alacriti and Access Softek have partnered to help financial institutions meet the demand for real-time money movement and unified payment systems. In this collaboration, Alacriti’s...

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Ualá Eyes Banking Expansion After $2.75 Billion Valuation
Ualá Eyes Banking Expansion After $2.75 Billion Valuation
November 11, 2024  |  Investments

Argentina’s Ualá has reportedly raised $300 million, valuing the FinTech at $2.75 billion. “We’re going to use this to scale Argentina, where my goal is to...

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Staying Competitive: Why Speed and Efficiency Are Crucial for Loan Origination
Staying Competitive: Why Speed and Efficiency Are Crucial for Loan Origination
November 11, 2024  |  Opinion

Banks and credit unions face pressure to meet rising consumer expectations for fast, personalized and seamless digital experiences, Amount Chief Product and Technology Officer Kevin...

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American Express Forms Data Sharing Partnership With MX
American Express Forms Data Sharing Partnership With MX
November 07, 2024  |  Banking

American Express has formed a deal with financial data company MX Technologies, giving their users access to improved financial management capabilities. The API-powered data access...

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Block Earnings Show Jack Dorsey’s Bitcoin and Banking Ambitions
Block Earnings Show Jack Dorsey’s Bitcoin and Banking Ambitions
November 07, 2024  |  Earnings

Block, formerly known as Square and the owner of Cash App, has distinct ambitions. And they vary for each of its business lines. Outside of Square and...

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